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InvestmentsIPOKanishk Aluminium IPO

Kanishk Aluminium IPO

SME

Open Date

28 Jan 2026

Close Date

30 Jan 2026

Min Investment

₹ 2,33,600

Lot Size

1,600

Issue Size

₹ 29.20 Cr

Price Range

₹ 73 - ₹ 73

Subscribed

0.54 x
status

This IPO is now Live.

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IPO Timeline
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IPO Offer Start
28 Jan 2026
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IPO Offer Ends
30 Jan 2026
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Allotment Finalisation
2 Feb 2026
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Refund Initialisation
3 Feb 2026
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Non-Institutional Buyers (sHNI)
3 Feb 2026
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Listing of Shares
4 Feb 2026
IPO Subscription Details as on 24 Jun 2026, 08:10 AM
Retail
0.92 x
Total
0.54 x
Non-Institutional Buyer (bHNI)
0.09 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company specializes in manufacturing a comprehensive range of aluminium extrusion products, including solid & hollow section profiles, solar profiles, railings, heatsinks and sliding/fixed windows and doors profiles. The company serves diverse industries such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture. The company launched its brand 'Baari by Kanishk' in November 2024, focusing on aluminium system doors and windows. The company's manufacturing unit is located in Jodhpur, Rajasthan, spanning approximately 4,000 square meters.
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Founded In

2018

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CEO

Mrs. Khushboo Agarwal

Financials of Kanishk Aluminium India IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue59.1659.3059.78
Other Income0.520.230.35
Total Income
59.6859.5460.13
Total Expenses
57.8357.7455.93
Profit Before Tax1.861.804.20
Total Profit
1.761.523.04

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes to utilize funds towards full or partial repayment or pre-payment of borrowings to help reduce outstanding indebtedness and improve debt-equity ratio. The company believes that reducing indebtedness will result in enhanced equity base, reduce financial costs, improve profitability and improve leverage capacity.20
The company proposes to deploy funds towards branding and promotion of its brand 'Baari by Kanishk' which specializes in premium aluminium system doors and windows. The funds will be utilized for broadcast media advertising, digital media social media advertising, and print media to create awareness and demand from new customers.1
The company proposes to deploy funds for general corporate purposes including strategic initiatives, strengthening of marketing activities, ongoing general corporate exigencies, meeting fund requirements in ordinary course of business, and meeting expenses incurred in ordinary course of business, subject to regulatory compliance.4
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  • Diverse Product Portfolio: The company has expanded and diversified its product range to deliver a variety of aluminium extrusion products with a large number of dies at disposal, offering customized aluminium profiles tailored to customers' specific requirements across different sectors.
  • Customization and Flexibility: The company provides customized solutions in different sizes, shapes, and finishes, owning a wide variety of dies for various extrusion profiles with flexibility to add new designs based on customer requirements.
  • Strong relationship with suppliers for sourcing raw materials: The company efficiently sources primary aluminium ingots and recycled aluminium from various states across India and international markets, leveraging a diversified sourcing strategy to ensure consistent supply and cost efficiency.
  • Optimal Utilization of Resources: The company regularly seeks to improve execution process, capabilities, skill development of employees, and modernization of plant and machineries to optimize resource utilization through material procurement policy analysis.
  • Stringent quality control mechanism ensuring standardized product quality: The company maintains a dedicated in-house quality control laboratory for pre- and post-production checks with ISO 9001:2015 certification, monitoring aluminium extrusion production at every stage from raw material selection to final product.

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